Neene Jenkins

Neene Jenkins, Head of Municipal Research at JPMorgan Asset Management, shares valuable insights on the municipal bond market. She discusses the surge in municipal bond issuance driven by rising construction costs and infrastructure demands. Jenkins highlights the resilience of the sector even amid potential government shutdowns and reassures listeners that a recession isn't her base case. She emphasizes the importance of cash reserves for investors and explains how federal policies are shaping the landscape for municipalities.

Neene Jenkins, Head of Municipal Credit Research, sheds light on the evolving landscape of municipal bonds. She discusses their enticing tax-equivalent yields and how they stack up against Treasuries and corporate credit. Jenkins dives into the dynamics of the steepening yield curve, revealing opportunities despite challenges from federal policies. With consistently lower default rates compared to corporate bonds, the case for munis grows stronger, especially in times of economic uncertainty. She also emphasizes the need for strategic investments in infrastructure.